The M-PESA Effect: Are Financial Transaction Costs a Barrier to More Effective Insurance for Families in Kenya?

Summary of findings from household survey on how M-Pesa has affected the lives of Kenyans

This research brief summarizes findings from 3 published papers looking at how M-PESA has affected the lives of Kenyans. It explores how reductions in transaction costs through M-PESA has enabled Kenyans to be more resilient in coping with the consequences of unexpected income shocks. These findings are based on the 2008-2014 M-PESA household panel survey conducted by Tavneet Suri from MIT and William Jack from Georgetown University.

About this Publication